OLAÅSEN GÅRD DA

9475 BORKENES

Finances

Share Ownership

Return on Equity

3,15 %

Current Ratio

0,44

Debt-to-Equity Ratio

10,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 047 000	1 843 000	1 341 000	1 311 000
Net Income	10 000	−43 000	−132 000	202 000
Total Assets	4 671 000	4 673 000	4 154 000	2 448 000
Total Equity	317 000	307 000	350 000	482 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 047 000	1 843 000	1 341 000	1 311 000
Expenditure	1 936 000	1 816 000	1 436 000	1 081 000
Operating Profit	111 000	27 000	−96 000	231 000
Financial Income	0	0	0	0
Financial Costs	101 000	70 000	37 000	28 000
Financial Balance	−101 000	−70 000	−37 000	−28 000
Earnings Before Tax	10 000	−43 000	−132 000	202 000
Tax	0	0	0	0
Net Income	10 000	−43 000	−132 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 287 000	4 216 000	3 646 000	2 041 000
Total Current Assets	384 000	457 000	508 000	407 000
Total Assets	4 671 000	4 673 000	4 154 000	2 448 000
Total Retained Equity	317 000	307 000	350 000	482 000
Total Equity	317 000	307 000	350 000	482 000
Total Long-Term Debt	3 479 000	3 724 000	3 252 000	799 000
Total Current Debt	875 000	642 000	552 000	1 167 000
Total Equity and Debt	4 671 000	4 673 000	4 154 000	2 448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 169 000	651 000	359 000	454 000
Other Income	878 000	1 193 000	981 000	858 000
Revenue	2 047 000	1 843 000	1 341 000	1 311 000
Cost of Goods Sold	294 000	224 000	148 000	95 000
Salary Costs	91 000	108 000	214 000	115 000
Depreciation	282 000	242 000	182 000	103 000
Impairment	0	0	0	0
Expenditure	1 936 000	1 816 000	1 436 000	1 081 000
Operating Profit	111 000	27 000	−96 000	231 000
Financial Income	0	0	0	0
Financial Costs	101 000	70 000	37 000	28 000
Financial Balance	−101 000	−70 000	−37 000	−28 000
Dividends	0	0	0	0
Net Income	10 000	−43 000	−132 000	202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 362 000	3 417 000	2 800 000	1 127 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	903 000	799 000	824 000	892 000
Total Tangible Assets	4 287 000	4 216 000	3 624 000	2 018 000
Total Fiancial Fixed Assets	0	0	23 000	23 000
Total Fixed Assets	4 287 000	4 216 000	3 646 000	2 041 000
Stock	14 000	11 000	11 000	11 000
Total Investments	0	0	0	0
Cash, Bank	80 000	352 000	120 000	17 000
Total Current Assets	384 000	457 000	508 000	407 000
Total Assets	4 671 000	4 673 000	4 154 000	2 448 000
Total Equity	317 000	307 000	350 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 479 000	3 724 000	3 252 000	799 000
Creditors	356 000	298 000	471 000	839 000
Unpaid Taxes	1 000	1 000	1 000	6 000
Dividends	0	0	0	0
Other Current Debt	519 000	344 000	81 000	322 000
Total Current Debt	875 000	642 000	552 000	1 167 000
Total Equity and Debt	4 671 000	4 673 000	4 154 000	2 448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,15 %	−14,01 %	−37,71 %	41,91 %
Debt-to-Equity Ratio	10,97	12,13	9,29	1,66
Operating Profit Margin	5,42 %	1,47 %	−7,16 %	17,62 %
Current Ratio	0,44	0,71	0,92	0,35
Quick Ratio	0,45	0,72	0,94	0,35
Equity Ratio	0,07	0,07	0,08	0,2
Gross Profit Margin	85,64 %	87,85 %	88,96 %	92,75 %